EDC meeting Wednesday provides opportunity for small businesses

Feb. 09, 2013 @ 04:47 PM

Small businesses leaders and entrepreneurs are being encouraged to attend the next meeting of the Henderson-Vance County Economic Development Commission, where details pertaining to tax incentives will be discussed.

Lynn Douthett, district director of the U.S. Small Business Administration, will be in attendance as well as Tanya Weary, director of the Small Business Center at Vance-Granville Community College.

Ivan Hankins, Small Business Administration senior manager for Vance and Granville counties, will give a joint presentation with Douthett.

“There are three primary things we do,” Douthett said. “We do counseling and training, capital access and contracting.

“So, SBA helps small businesses learn how to do business with the federal government.”

According to Douthett, the SBA has done close to $5 million in funding throughout Vance and Granville counties through their work with lending partners.

“It’s important for folks to know that we traditionally fill a gap in the market to help our businesses get started, and grow into a full commercial banking relationship,” Douthett said.

Attainable resources for small business leaders are also accessible through their connections with VGCC, a topic to be discussed by Weary.

“We want to make sure we reach out to the small businesses and entrepreneurs to find out what resources are available through the SBA as well as through the community college,” said Stuart Litvin, director of the Henderson-Vance EDC. “We’re especially encouraging small business leaders to come over and listen to some of the new programs the SBA has, and to meet the state district director personally.”

During the meeting information on the Taxpayer Relief Act of 2012 will be highlighted.

Included in the fiscal cliff deal, the Relief Act delivered some great news to small businesses including extensions of several tax incentives designed to make it easier to hire new workers, aid investments in business ventures and act as a catalyst for innovation.

The meeting begins Wednesday at 8:30 a.m. in the lower level at Maria Parham Medical Center.

Seating is available for 140 people, and no registration is required.

Contact the writer at amauser@hendersondispatch.com.